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100 Yuan / Dollars Central Bank of China

Issuer Central Bank of China
Year 1928
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Printer American Bank Note Company, New York, United States
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Obverse lettering 行銀央中 圓佰壹 圓壹國即憑 佰幣付票 印年七十國民華中 司公票鈔國美
(Translation: Central Bank of China One Hundred Yuan Redeemable for one hundred yuan national currency Printed in the 17th year of the Republic American Banknote Company)
Reverse description The reverse is printed in purple-violet intaglio and centres on an oval portrait vignette of Sun Yat-sen in formal attire, surrounded by an elaborate guilloche frame. The numeral 100 appears in large figures to the left and right of the portrait, with decorative scrollwork filling the corners. The bank title arches across the top, while the denomination ONE HUNDRED DOLLARS NATIONAL CURRENCY, the place name SHANGHAI, the date 1928, and the printer's imprint AMERICAN BANK NOTE COMPANY appear in the lower portion, with two manuscript signature panels for the Manager and General Manager at bottom left and right respectively.
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Comments

The Central Bank of China was formally established in November 1928 as the Nationalist government consolidated financial control under Chiang Kai-shek's administration in Nanjing. This high-denomination note was among the earliest issues from that institution, printed by ABNC before the proliferation of wartime pressures that would eventually overwhelm the currency system entirely.

The choice of the American Bank Note Company reflected a deliberate signal of institutional credibility — the same logic that had driven Chinese banks to New York and London printers since the Republic's earliest years. ABNC's intaglio work on Chinese government paper from this period is consistently among the finest produced for any Asian issuer.

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